Techgo broker Accounts

techgo Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: techgo Account Types Overview

techgo Account Types Explained

Techgo offers several account types tailored to different trading needs and preferences. Below is a detailed overview of each account type available:

1. Standard Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Variable spreads starting from 1.0 pips
• Leverage Options: Up to 1:500
• Key Features: User-friendly interface, suitable for beginners
• Target User Profile: Beginners and casual traders
• Trading Instruments Available: Forex, commodities, indices

1. ECN Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Low spreads from 0.0 pips with a commission of $3 per lot
• Leverage Options: Up to 1:200
• Key Features: Direct market access, faster execution
• Target User Profile: Experienced traders and scalpers
• Trading Instruments Available: Forex, commodities, cryptocurrencies

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Tight spreads starting from 0.1 pips, commission-based
• Leverage Options: Up to 1:100
• Key Features: Advanced trading tools, priority customer support
• Target User Profile: Professional traders and institutions
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

1. Islamic Account

• Minimum Deposit Requirement: $500
• Spread/Commission Structure: Similar to Standard or ECN accounts, but swap-free
• Leverage Options: Up to 1:200
• Key Features: Complies with Sharia law, no swap fees
• Target User Profile: Muslim traders
• Trading Instruments Available: Forex, commodities, indices

1. Demo Account

• Minimum Deposit Requirement: N/A (virtual funds)
• Spread/Commission Structure: Same as live accounts
• Leverage Options: Same as live accounts
• Key Features: Practice trading without risk, access to all trading instruments
• Target User Profile: Beginners and traders testing strategies
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account
• Practice Traders: Demo Account

Part 2: techgo Account Features Comparison

Detailed techgo Account Features

The following features are compared across different techgo account types:

• Minimum Deposit:

• Standard: $100

• ECN: $500

• Pro: $1,000

• Islamic: $500

• Demo: N/A

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:200

• Demo: Same as live accounts

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: From 0.1 pips

• Islamic: Similar to Standard or ECN

• Demo: Same as live accounts

• Commission Fees:

• Standard: None

• ECN: $3 per lot

• Pro: Commission-based

• Islamic: None

• Demo: None

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• Standard: MT4, MT5

• ECN: MT4, MT5

• Pro: MT4, MT5

• Islamic: MT4, MT5

• Demo: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Swap-Free Options:

• Standard: No

• ECN: No

• Pro: No

• Islamic: Yes

• Demo: No

• Demo Account Features:

• Virtual balance, access to all instruments, practice trading strategies.

Advantages and Disadvantages of Each Account Type

• Standard Account:

• Advantages: Low minimum deposit, user-friendly, no commission.

• Disadvantages: Higher spreads, limited advanced features.

• ECN Account:

• Advantages: Low spreads, fast execution, direct market access.

• Disadvantages: Higher minimum deposit, commission fees.

• Pro Account:

• Advantages: Tight spreads, advanced tools, priority support.

• Disadvantages: High minimum deposit, commission-based.

• Islamic Account:

• Advantages: Complies with Sharia law, no swap fees.

• Disadvantages: Limited availability, higher minimum deposit.

• Demo Account:

• Advantages: Risk-free trading, practice strategies, full access to features.

• Disadvantages: Virtual funds only, limited duration.

Part 3: techgo Account Opening Requirements

techgo Account Registration Requirements

Eligibility Criteria:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available in most countries, but may be restricted in certain regions.
• Prohibited Countries: Specific countries may be restricted; check the techgo website for details.
• Identity Verification Documents Needed: Government-issued ID (passport or driver's license).
• Proof of Residence Requirements: Utility bill or bank statement with your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• techgo adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: techgo Account Opening Process

Step-by-Step techgo Account Opening Guide

1. Visit Website and Click Registration: Go to the official techgo website and click on the registration button.
2. Personal Information Entry: Fill in your personal details, including name, email, and phone number.
3. Choose Account Type: Select the account type you wish to open (Standard, ECN, Pro, Islamic, or Demo).
4. Set Trading Preferences: Specify your trading preferences, including leverage and base currency.
5. Document Upload: Upload required documents for identity verification.
6. Account Verification: Wait for techgo to verify your account, which may take a few days.
7. Fund Your Account: Once approved, deposit funds into your account using your preferred payment method.
8. Start Trading: Download the trading platform and start trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile, but the mobile interface may have fewer options for account customization.

Common Registration Issues and Solutions

• Issue: Not receiving the verification email/SMS.
• Solution: Check spam folder and ensure correct contact information was provided.
• Issue: Identity verification fails.
• Solution: Ensure documents are clear and match the information provided.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on document verification.

How to Upgrade/Downgrade Account Types

• Traders can contact techgo customer support to request an upgrade or downgrade of their account type, subject to the minimum deposit requirements.

Part 5: techgo Demo Account Information

techgo Demo Account Guide

Demo Account Features and Benefits

• The demo account allows users to practice trading with virtual funds, access to all trading instruments, and no risk of losing real money.

How to Open a Demo Account

• Visit the techgo website, select the demo account option, and complete the registration process.

Demo Account Limitations

• The demo account is limited to virtual funds and may have a time limit for usage.

Virtual Balance Amount

• The demo account typically comes with a virtual balance of $10,000 or more.

Demo vs Live Account Differences

• The demo account uses virtual funds, while the live account involves real money trading.

Duration/Expiry of Demo Accounts

• Demo accounts usually expire after 30 days of inactivity, but this may vary based on techgo's policies.

Part 6: techgo Islamic Account Details

techgo Islamic Account Details

Swap-Free/Islamic Account Availability

• The Islamic account is available for traders who require a swap-free trading option.

Eligibility Requirements

• Traders must provide documentation confirming their eligibility for an Islamic account.

Differences from Standard Accounts

• Islamic accounts do not incur swap fees, making them compliant with Sharia law.

How to Apply for Islamic Account

• Select the Islamic account option during the registration process and provide the necessary documentation.

Restrictions or Special Conditions

• Islamic accounts may have specific trading conditions, including limitations on certain instruments.

FAQs – techgo Account Types & Opening

1. What account types does techgo offer？

• Techgo offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $100, ECN: $500, Pro: $1,000, Islamic: $500, Demo: N/A.

1. How long does techgo account verification take？

• Verification typically takes 1-3 business days.

1. Does techgo offer demo accounts？

• Yes, techgo offers demo accounts for practice trading.

1. Can I have multiple account types with techgo？

• Yes, traders can open multiple accounts, subject to the minimum deposit requirements.

1. Does techgo offer Islamic/swap-free accounts？

• Yes, techgo offers Islamic accounts that are swap-free.

1. What documents do I need to open a techgo account？

• A government-issued ID and proof of residence are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.